Bengaluru, August 26 2024 : In a keynote address at the Global Conference on Digital Public Infrastructure and Emerging Technologies, part of the RBI@90 initiative, Reserve Bank of India (RBI) Governor Shaktikanta Das outlined the central bank’s strategic focus on bolstering the financial sector through innovative policies and platforms. Das highlighted the importance of enhancing […]
New Delhi : The Reserve Bank of India (RBI) has rolled out stringent guidelines to prevent malpractices and safeguard investor interests, particularly within Peer-to-Peer (P2P) lending platforms. Effective immediately, these new regulations prohibit P2P platforms from assuming any credit risk, offering credit enhancements, or providing guarantees on loans. This measure is designed to ensure that […]